Financial planning

At home or under a socially distanced beach umbrella, these diverse titles will help while away this singular season.

Startup Breakaway Bookkeeping & Advising is building a network of finance professionals to act as virtual CFOs for small-business clients.

Affluent investors are concerned about transparency, performance and value, according to a new report by Capgemini.

Talks had focused on plans to attract $15 billion of assets under management, mostly from wealthy Latin Americans, according to people familiar with the matter.

As much as $16 trillion of global wealth may be wiped away this year as a result of volatility and economic fallout from the pandemic.

The wirehouse says it wants to simplify pricing for separately managed accounts and expand client choice.

“The stocks that I hadn’t heard of three months ago all of a sudden are the most active — that’s not where investors go, that’s where traders might go or hobbyists might go,” says a private wealth advisor at UBS.

About 6% of the country’s family offices have more than $5 billion of assets under management, while roughly a third control $500 million or less.

Major donor-advised fund providers said they’re using webinars, podcasts, social media and emails to nudge clients to give.

The central bank’s own data show that slightly more than half of U.S. households own stocks. But that doesn’t come close to telling the whole story.

Advisor Zaneilia Harris has come to a bleak conclusion.

Nicole Pullen Ross also heads an initiative to handle wealth management for athletes and entertainers.

Among our findings, advisors are (finally) embracing chatbots and robo advisors.

Under Lauren Schadle’s tenure, the association rolled out its OneFPA initiative while also dealing with declining membership.

The firm plans to reshape how it lends to billionaire clients, especially loans that are backed by hard-to-sell assets.

Once derided as fringe and unsustainable, advisors are finally accepting the business model.

With many clients already home from work because of the pandemic, advisors are being asked why not now? For most, even the wealthy, the answer is clear.

The wealthiest clients require teams of professionals leveraging the highest touch service with a global reach, Markus Lammer, COO of Credit Suisse’s UHNW business in the U.S., explains in an episode of Financial Planning’s Invest Podcast.

Despite recent upheaval, some clients will still be shocked their portfolios have shown declines.

With return targets growing ever more elusive, many investors are willing to take their chances with private debt and equity.